Global markets rally on ‘soft landing’ hopes; oil at two-week low – business live

Global markets rally on ‘soft landing’ hopes; oil at two-week low – business live

Rolling coverage of the latest economic and financial news

High stakes at Jackson Hole symposium as Powell surveys US’s rocky prospectsSicily yacht sinking: search for missing tech tycoon Mike Lynch and Bayesian passengers resumes

The UK government is to hold talks with unions this week over pay rises for rail workers and seafarers, as it tries to end industrial unrest and stimulate growth.

The Rail, Maritime and Transport union (RMT) will meet with officials at the Department for Transport on Tuesday to discuss a pay rise for its members at train-operating companies.

“We really need to move on from the belligerent and hostile attitude of the last government and reset industrial relations to allow rail workers and RFA seafarers to get on with the job.”

Continue reading…

Please follow and like us:
Pin Share